Spa Industry Report Reveals Strong Growth

The Big Five Statistics  The International Spa Association (ISPA) has released new statistics from the 2014 U.S. Spa Industry Study conducted by PricewaterhouseCoopers (PwC). The annual survey includes data crucial to the spa industry, including revenue, spa visits, number of spa locations, and total employment. "What we are seeing with this year's study is the reflection of continued growth," says Colin McIlheney, global research director of PwC. "With the key indicators, including total revenue and spa visits increasing, this study highlights the positive trend across the board in the industry. The respondents to the survey also expressed confidence that growth will continue in the coming months." According to the study, the total number of spa visits climbed to 164 million in 2013, a 2.5 percent upstick from the previous year. An increased number of spa-goers also spent more on each visit. Total revenue generated by spas in 2013 rose to $14.7 billion, an increase of more than five percent from 2012. "We are excited to see a continued positive growth trajectory and a record-setting number of 164 million spa visits achieved in 2013,” says Lynne McNees, president of ISPA. “It's even more refreshing to hear that our members are also experiencing these trends within their spas." Employment in the industry has also held steady, with full-time employment rising close to two percent from the previous year. Says McNees, "Today's consumer has greater access to spas and more choices than ever before." 

For more information, visit www.experienceispa.com.

 

 

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